The California Workers Compensation Insurance Rating Bureau issued the following press release yesterday as Insurance Commissioner John Garamendi announced press conferences where he will present the 2004 advisory pure premium rate:At a California Department of Insurance (CDI) public hearing held on November 3, 2003, the WCIRB provided an updated evaluation of the impact of AB 227 and SB 228 on the indicated 2004 pure premium rate level. The updated evaluation reflects consideration of additional information and data related to several SB 228 provisions for which no cost savings were reflected...
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